Skip to Main Content
Experience

Transfer of Family Business Interests to Fourth Generation

Warner represented the third-generation, inactive members of a family-owned, multinational manufacturing company to preserve the family wealth and legacy assets and to transfer wealth to the fourth generation descendants.

Techniques used in the transfer included grantor retained annuity trusts (GRATs), "intentionally defective" grantor trusts, spousal lifetime access trusts ("SLATs"), gift trusts, and liquidity planning.